Word: brokering
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Marketing one's virtue has its limitations. It magnifies each compromise he makes: his opposition to taxing products on the Internet, a big hit with Silicon Valley; his reversal on clemency for Puerto Rican terrorists; his overtures to New York's black power broker, the Rev. Al Sharpton; his sudden support for ethanol subsidies (which he once called "highway robbery"). Then he insists he isn't just another vote-grubbing pol. "When you're a national candidate, you see things in a different context," he says. "I'm being upfront and direct about...
...bigger companies can probably sympathize. E-commerce is hard, and it's tough to know for sure if it's for you. But with total retail e-commerce sales nearly tripling, from $2.7 billion to $7.9 billion for the 12-month period ending in June, everybody from your broker to the corner grocer to the guy who sold you that recliner you're sitting on is paying attention to the online biz, no matter what the aggravation. And whether they're working for an aggressive Net start-up, a brick-and-mortar retailer who fears getting "Amazon...
Maybe not, but plenty of other folks are. The number of online trading households in the U.S., which totaled 4.3 million in 1998, is expected to pass 20.3 million in 2003. And while the average online investor is 39, the average person investing with a traditional broker is 52. That age gap is what finally got to Merrill. Says Thomson: "We had to look around and ask, 'Are we going to inherit the children of our clients automatically, or are we going to have to put up our dukes and start fighting...
Despite the dangers, despite rising insurance premiums, despite the fact that hurricanes roar through every few years, people continue to flock to the seaside. Usually affluent and well educated, says Richard Kadesch, a real estate broker on Hilton Head Island, S.C., "they have a good understanding of what they're getting into." And they're snatching up everything in sight...
...here's what Rock said about the "assassination" of rap stars Tupac Shakur and Biggie Smalls: "Malcolm X was assassinated. John F. Kennedy was assassinated. Them two niggas got shot." His take on white poverty: "There's nothing scarier than a broke white man. The broker they are, the madder they are. That's why white people start forming groups and blowing up s___. Freeman. Aryan Nation. Klan. Poor, pissed-off white people are the biggest threat to the security of this country." And his view on single moms: "It doesn't take a scientist to tell when...